News Archive
Asos slashes debt following Topshop sale
11th Sep 2024 09:16
(Sharecast News) - Asos has nearly halved its debt, the fast-fashion retailer confirmed on Wednesday, following the sale of its majority stake in Topshop and Topman.
Read moreCostain slumps as ASGC dumps entire stake in placing
11th Sep 2024 09:14
(Sharecast News) - Costain slumped on Wednesday after Dubai-based Al Shafar General Contracting Company (ASGC) exited its investment in the construction company in a placing of just over 41.6 million shares to institutional investors.
Read moreAnglo American raises ZAR 7.2bn via accelerated bookbuild
11th Sep 2024 09:12
(Sharecast News) - Mining giant Anglo American has raised ZAR 7.2bn (£308.03m) after an accelerated bookbuild saw it offer up 13.94m ordinary shares at a price of ZAR 515.0p per share.
Read moreTrustpilot beats first-half expectations, launches new share buyback
11th Sep 2024 09:12
(Sharecast News) - Trustpilot Group reported a strong first-half performance on Wednesday, surpassing market expectations in a number of areas.
Read moreHornby sales, profits 'slightly behind' internal forecasts due to shipping delays
11th Sep 2024 09:02
(Sharecast News) - Model train set maker Hornby fell on Wednesday as it reported a jump in sales and profits but said its performance was below internal forecasts due to shipping delays.
Read moreGSK's herpes vaccine candidate fails to meet primary efficacy objective
11th Sep 2024 08:47
(Sharecast News) - Drugmaker GSK said on Wednesday that primary objective data analysts from a phase II trial of its early-stage therapeutic herpes simplex virus vaccine candidate showed that the drug had failed to meet its primary efficacy objective.
Read moreStrong fourth quarter boosts WH Smith
11th Sep 2024 08:46
(Sharecast News) - WH Smith reiterated its full-year outlook and unveiled a £50m share buyback on Wednesday, sending shares soaring in early trading, after a buoyant fourth quarter.
Read moreEurope open: Stocks rise as investors watch data, Commerzbank jumps
11th Sep 2024 08:14
(Sharecast News) - European stocks rose on Wednesday ahead of a busy day for economic data, as investors eagerly awaited a monetary policy decision the following session.
Read moreAB Foods extends share buyback by £100m
11th Sep 2024 08:12
(Sharecast News) - Primark owner Associated British Foods announced an extension of its share repurchase programme on Wednesday, with an additional £100m allocated for the buyback.
Read moreFirstgroup names Lena Wilson as chair
11th Sep 2024 08:09
(Sharecast News) - Public transport business Firstgroup has tapped Lena Wilson to take over as chair, with effect from 1 February 2025.
Read moreLondon open: Stocks nudge up as investors mull UK GDP figures
11th Sep 2024 07:58
(Sharecast News) - London stocks nudged higher in early trade on Wednesday as data showed the UK economy continued to stagnate in July.
Read moreAscential says dividend from potential Hudson MX sales unlikely
11th Sep 2024 07:53
(Sharecast News) - Ascential, the B2B media and events company that's being taken over by Informa, announced on Wednesday that the sale of part-owned Hudson MX is unlikely to yield a special dividend for shareholders.
Read moreBoohoo to shut US distribution centre
11th Sep 2024 07:42
(Sharecast News) - Boohoo Group is to cease using its US distribution centre, the fast fashion retailer confirmed on Wednesday, just a year after it first opened.
Read moreLondon pre-open: Stocks seen down as UK economy continues to stagnate
11th Sep 2024 07:36
(Sharecast News) - London stocks were set to fall at the open on Wednesday as data showed the UK economy continued to stagnate in July.
Read moreUK economy continues to flatline in July
11th Sep 2024 07:32
(Sharecast News) - The UK economy continued to stagnate in July, according to figures released on Wednesday by the Office for National Statistics.
Read more